#1 Way to Save on Global Forwarding

CH Robinson Transportfolio

Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Ask the provider these questions to determine if they can offer you the best savings options: What are your volumes in my biggest lanes? Need more ideas on saving money and time with global forwarding?

Understanding Supply Chain Management

SupplyPike

These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. In terms of cost-effectiveness, estimates show that businesses with extended global supply chains have between 80% and 90% of their costs involved in their supply chains. Most manufacturers depend on just-in-time (JIT) manufacturing policies.

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3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

Prior to the founding of Lean, Robert was the Founder and CEO of Chain Express, Corp, a full-service transportation brokerage specializing in LTL, volume, and truckload transportation. Robert earned a Bachelor’s degree in Economics from Florida International University. Air Cargo.

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What are the main 3PL Services?

The Logistics of Logistics

He just didn’t know which functions were actually considered logistics. We have the same problem in the 3PL business. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Just-in-Time (JIT). Air Cargo. Vendor Managed Inventory. Admiral E.

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E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences. According to Supply Chain 24/7 , e-commerce is on track to become the dominating force in all sales. How Surface Mode Shippers Can Compete in E-Commerce Logistics.

RFID: The Key to Improving Visibility

20Cube Logistics

RFID (Radio Frequency Identification) is one such innovation which is widely used in Supply Chain and Logistics as it’s efficient and saves time. RFID is a tool to read & understand digital data encrypted in RFID tags through a reader via radio waves. To understand it, we can take the example of a bar code or magnetic strip of a bank’s ATM card where data is captured by the device and stored in the database. How it’s useful in the supply chain?

Cargo 52

What are the main 3PL Services?

The Logistics of Logistics

He just didn’t know which functions were actually considered logistics. We have the same problem in the 3PL business. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Just-in-Time (JIT). Air Cargo. Vendor Managed Inventory. Admiral E.

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Why Now is the Time to Choose LCL Shipping

CH Robinson Transportfolio

Less than container load (LCL) shipping is rapidly becoming a go-to service option for businesses seeking help in a complex global logistics industry. This was especially true for personal protective equipment (PPE) shipping, which has skyrocketed in recent months. In addition, C.H.

Data Driven Logistics: Using Visibility for Better Customer Experience

20Cube Logistics

In the traditional form of logistics, the same data gets captured multiple times in multiple places; and the majority of the times, it provides no insights to anyone involved in the supply chain. . The captured data comes in use to analyse the trends and predict demand. Thus, enabling the supply chain not only in achieving Just In Time inventory models but also managing their sales predictions. .

The Belt and Road Initiative: Rail Service between Europe and Asia

CH Robinson Transportfolio

Now is the time to utilize all modes of transportation in the most efficient way possible. Investment in rail infrastructure. As early as 2008, multinational companies began experiencing rising labor costs in China’s coastal provinces. Working in close cooperation with the government of two Chinese provinces, Sichuan and Chongqing, these companies moved manufacturing facilities to inland China. The result is faster transit timesIn fact, C.H.

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Air Freight Trends to Watch in 2019

CH Robinson Transportfolio

The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). While demand is likely to continue to increase, we expect the pace of the increase to be slower in 2019. Ecommerce will continue to grow and support the air market but in other industries, the outlook is less clear.

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Even containers don’t like to wait in line. Dwell time—the amount of time a container remains parked in a marine terminal waiting to be picked up after it’s been offloaded from a vessel—is a drag on supply chain efficiency, especially when it becomes excessive. Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years.

Cargo 48

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Even containers don’t like to wait in line. Dwell time—the amount of time a container remains parked in a marine terminal waiting to be picked up after it’s been offloaded from a vessel—is a drag on supply chain efficiency, especially when it becomes excessive. Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years.

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Top Logistics Terms to Know—A Supply Chain Glossary

Zipline Logistics

We will define some of the most prevalent in transportation for those of you who have ever found yourself confused by the terminology. Agile — The concept of having a flexible supply chain that allows for quick order fulfillment with short lead times and varying volume. ATA — Actual time of arrival. ATD — Actual time of departure. Audit — In logistics, an audit refers to the process of examining, adjusting, and verifying freight bills for accuracy.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

The role of logistics management software here is to create a viable solution that can help manufacturers easily manage the flow of things for better accuracy, to ensure that the right product reaches the right person at the right place and time. Today, Logistics Management Software has evolved to become broader in its scope and functionalities to help address a greater spectrum of complex operations and processes. Before the 1950s, logistics was perceived in purely military terms.

Air Freight Trends to Watch in 2019

CH Robinson Transportfolio

The surge in demand for air freight that took off in mid-2016 normalized in early 2018. It is likely that 2018 will end with a growth rate in the 4% range, down from 10% in 2017 (measured in freight tonne kilometers per IATA ). While demand is likely to continue to increase, we expect the pace of the increase to be slower in 2019. Ecommerce will continue to grow and support the air market but in other industries, the outlook is less clear.

Don’t Wait for Dwell Time to Delay Your Freight

TMC

Even containers don’t like to wait in line. Dwell time—the amount of time a container remains parked in a marine terminal waiting to be picked up after it’s been offloaded from a vessel—is a drag on supply chain efficiency, especially when it becomes excessive. Rising container volumes, fluctuations in demand, and the constant need for just in time inventory have increased the impact of dwell time over recent years.

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Three Questions: Your Key to Saving in Global Forwarding

CH Robinson Transportfolio

Three Questions: Your Key to Saving in Global Forwarding | Transportfolio. Want a quick “win” in global forwarding costs? Look at ocean cargo consolidation (less than container load, or LCL). The process of cargo consolidation results in better freight rates for you, and better cargo security measures. Ask the provider these questions to determine if they can offer you the best savings options: What are your volumes in my biggest lanes?

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Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

However, at times they lack the complete information they need to reach that goal. The first step in calculating total supply chain costs is to create the right context and an accurate format that can consolidate all cost factors. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Therefore, a cost reduction in one area of operations can directly result in a cost hike or cost variation in another.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

However, at times they lack the complete information they need to reach that goal. The first step in calculating total supply chain costs is to create the right context and an accurate format that can consolidate all cost factors. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Therefore, a cost reduction in one area of operations can directly result in a cost hike or cost variation in another.

Supply Chain Costs: A Definitive Guide for Manufacturers

ThroughPut

However, at times they lack the complete information they need to reach that goal. The first step in calculating total supply chain costs is to create the right context and an accurate format that can consolidate all cost factors. ” Hard costs involve an invoice or a direct cash outlay, which could include freight payments or inventory. Therefore, a cost reduction in one area of operations can directly result in a cost hike or cost variation in another.

What is Cross-Docking? An Introduction For Wholesalers and Distributors.

EMERGE App

In today’s Internet-fuelled world, speed to market is critical for both online retailers and brick-and-mortar stores. So optimizing your supply chain and squeezing every bit out of it is important in getting a competitive advantage over other retailers. It’s best to think of cross-docking as the Just-In-Time of shipping. And it all takes place in a distribution docking terminal with trucks, docks, and floor space. Decreased Shipping Time.

Letter from the CEO: Market Update March 26, 2020

Transplace

Last week, we provided an update on what we are seeing, best practices that you can incorporate in your business in response to the COVID-19 crisis, and information on how Transplace can help you navigate one of the most unique challenges of our lifetime. We are pleased to continue to provide you with this latest insight, as well as updates as near real time as appropriate. at this time. Constraints are developing in multiple areas. GDP in Q2 2020.